Company Registration No. 11136316 (England and Wales)
PLEXUS LEADERSHIP LTD
ANNUAL REPORT AND UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2023
PAGES FOR FILING WITH REGISTRAR
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
PLEXUS LEADERSHIP LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
PLEXUS LEADERSHIP LTD
Company Registration No. 11136316
BALANCE SHEET
AS AT
30 JUNE 2023
30 June 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,330
1,778
Current assets
Debtors
4
121,002
114,424
Cash at bank and in hand
8,348
8,562
129,350
122,986
Creditors: amounts falling due within one year
5
(138,394)
(177,095)
Net current liabilities
(9,044)
(54,109)
Net liabilities
(7,714)
(52,331)
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
(7,814)
(52,431)
Total equity
(7,714)
(52,331)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 19 March 2024
J Brook
Director
PLEXUS LEADERSHIP LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
- 2 -
1
Accounting policies
Company information

Plexus Leadership Ltd is a private company limited by shares incorporated in England and Wales. The registered office is The Old Rectory, Church Street, Weybridge, Surrey, KT13 8DE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for leadership consulting and coaching services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% on cost
Computers
25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

PLEXUS LEADERSHIP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
1
Accounting policies
(Continued)
- 3 -
1.5
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.6
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
1
1
PLEXUS LEADERSHIP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
- 4 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2022
6,886
Additions
1,054
At 30 June 2023
7,940
Depreciation and impairment
At 1 July 2022
5,108
Depreciation charged in the year
1,502
At 30 June 2023
6,610
Carrying amount
At 30 June 2023
1,330
At 30 June 2022
1,778
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
37,719
32,545
Amounts owed by group undertakings
81,731
81,376
Other debtors
1,552
503
121,002
114,424
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
4,661
739
Taxation and social security
4,691
2,089
Other creditors
129,042
174,267
138,394
177,095
6
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
PLEXUS LEADERSHIP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
- 5 -
7
Related party transactions

At the balance sheet date the company owed £128,204 (2022: £173,429) to the director. This loan is interest free.

2023-06-302022-07-01false19 March 2024CCH SoftwareCCH Accounts Production 2023.300No description of principal activityJ Brookfalse111363162022-07-012023-06-30111363162023-06-30111363162022-06-3011136316core:OtherPropertyPlantEquipment2023-06-3011136316core:OtherPropertyPlantEquipment2022-06-3011136316core:CurrentFinancialInstrumentscore:WithinOneYear2023-06-3011136316core:CurrentFinancialInstrumentscore:WithinOneYear2022-06-3011136316core:CurrentFinancialInstruments2023-06-3011136316core:CurrentFinancialInstruments2022-06-3011136316core:ShareCapital2023-06-3011136316core:ShareCapital2022-06-3011136316core:RetainedEarningsAccumulatedLosses2023-06-3011136316core:RetainedEarningsAccumulatedLosses2022-06-3011136316bus:Director12022-07-012023-06-3011136316core:FurnitureFittings2022-07-012023-06-3011136316core:ComputerEquipment2022-07-012023-06-30111363162021-07-012022-06-3011136316core:OtherPropertyPlantEquipment2022-06-3011136316core:OtherPropertyPlantEquipment2022-07-012023-06-3011136316core:WithinOneYear2023-06-3011136316core:WithinOneYear2022-06-3011136316bus:PrivateLimitedCompanyLtd2022-07-012023-06-3011136316bus:SmallCompaniesRegimeForAccounts2022-07-012023-06-3011136316bus:FRS1022022-07-012023-06-3011136316bus:AuditExemptWithAccountantsReport2022-07-012023-06-3011136316bus:FullAccounts2022-07-012023-06-30xbrli:purexbrli:sharesiso4217:GBP